Washington D.C. | November 2-5, 2020

Banknote 2020 will return with a full program devoted to the exploration of technical aspects of banknote design, production and issue.

General Sessions

From panel discussions to presentations, leading experts from government and industry will be on stage to share their experiences and debate viewpoints. Themes that will be discussed during Banknote 2020:

Expert Panel Discussions

Central Bank Discussion: Banknote Technology Needs and Expectations for the Future

We will kick off the conference with the most fundamental of discussions with central bank currency leaders. What are the needs and requirements of the central banks for future banknote programs, and how and where can technology and innovation progress going forward? What and who are we designing notes for and with what purpose? These and other key issues will be discussed including a review and sharing of high-level perspectives on the session topics to be discussed for the remainder of the conference.

Designing Banknotes for the Automated Cash Cycle

Cash cycle suppliers, cash management companies and central banks will discuss banknote automation capabilities and sticking points in the cash cycle. Where is the cash cycle headed in terms of automation? What can current automation achieve when it comes to note sorting and authentication at the point of sale and cash center level? How does the design of banknotes have to change to maximize this capability and what are the challenges?


Artificial Intelligence (AI), Machine Learning and DLT Applications in the Banknote Industry

Let’s demystify AI and machine learning. We’ve all heard about advances of AI and the many theoretical benefits of employing the highly advanced computer based neural networks, but how does this technology apply to the banknote industry? Why are central banks and printers collecting cast amounts of data? Learn what is being done with the data and how AI is making a difference – and what the potential is for the future. Presenters will share how the industry might develop to make note design and the cash cycle advance in the next giant leap forward.

Perception Studies: Producing Actionable Information to Support Data-Driven Decision Making

Banknote user perspectives should be a fundamental consideration in the process of banknote design and feature development. What are the benefits and uses of perception studies? What are perception studies telling us – and are we listening? Banknote industry and perception study experts will share use-cases and insights into perception studies conducted around the world and how this information is being applied to banknote development projects. The latest scientific tools and methodologies evaluating the “user experience” will also be discussed.

Latest Research and Developments in Currency Production and Technology

What are new production technologies or studies that will help move the industry forward? Industry leaders will highlight key studies and developments from country or cash cycle segments that will have lasting impacts on the banknote ecosystem and the direction of technological progress.

Reducing the Ecological Footprint of Banknotes

Many studies have been conducted about the current ecological footprint for banknote production, distribution and destruction. These studies will be presented and the implications of the findings for our industry will be discussed, along with practices in place that have made the production, circulation, and destruction of notes greener. We will discuss how the industry can leverage this need for ecological change as a platform for more radical technological innovation.


Collaborative Partnerships: Perspectives for Both Industry and Central Banks Working Together and Sharing Information

All too often partners work in silos and do not collaborate openly about best practices, problems, and lessons learned. Without working together the overall process is inefficient and produces suboptimal outcomes. Hear from central banks, industry groups, and printers about successful partnerships, how they function, and what benefits they have yielded.

Substrate Panel Discussion (Deep-Dive: Concurrent Session)

Take a special look at paper, polymer and hybrid substrates through the lens of sustainability, future of the product, and notelife.

  • Moderated by:
  • Michael Lambert, Associate Director, Federal Reserve Board of Governors
  • Alejandro Alegre, Chief Cashier, Bank of Mexico
  • Dr. Daniel Schwarzback, Director of Innovations, Orell Füssli
  • CCL Representative TBA
  • Crane Representative TBA
  • Landqart Representative TBA

Global Efforts on Counterfeit Deterrence (Deep-Dive: Concurrent Session)

Law Enforcement and Central Banks will discuss counterfeit research, global trends and deterrence efforts.

  • Moderated by:
  • Barbara Réthy, Head of Nat’l Counterfeit Center/Director of Cash Logistics, Central Bank of Hungary

Technical Presentations

Artificial Intelligence: What’s it doing inside my banknote sensor?


Hardly a day goes by that we do not come across a story discussing artificial intelligence. These articles typically either promote the continually growing benefits of AI or provide a doomsday scenario involving the inevitable rise of the robots.
We will dispel some of the myths regarding AI and describe the differences between artificial intelligence, machine learning and deep learning. We will also describe how Authentix, in partnership with Boulder Imaging, is exploiting these techniques to advance the capabilities of our family of CDI2 compliant sensors.

CCL Secure: Guardian™ Global Recycling Program; Christoph Koffler, Technical Director


In this presentation we will explore the beneficial impacts achieved by the Guardian Global Recycling Program since its inception to the present day. Using Central Bank case studies we will look at the implementation of recycling programs and how this has benefited central banks using Guardian around the world.  We will also look to the future and talk about what next and how we can improve from where we are to make banknote even more sustainable and further minimise environmental impacts.

Crane Currency: How 3D Micro-Optics Enable Easy Banknote Authentication, Fredrik von Blixen-Finecke, Senior Banknote Designer


With the public as the first line of defense against counterfeiting, what can be done to make it easier to determine if a note is valid?

A recent public perception study shows that security features with 3D effects perform well even under low light levels and with brief viewing. This presentation will explore what catches the public’s eye when looking at banknotes.

Diavy: The Latest in Security Feature Application Technology

Synopsis: Coming soon


Synopsis: Coming soon

Luminescence: Green isn’t just a pretty color - introducing sustainable high-security inks, Julia Dean, Technology Director


At Luminescence Sun Chemical Security we strongly value the three foundations of sustainability; economic, social and especially environment.Our approach to sustainability guides the way we develop, manufacture and distribute products, as well as how we work with our customers and suppliers. Working with industry leaders, we are reducing global CO2 emissions by increasing the use of bio-renewable and recyclable materials, while promoting the value of these activities throughout the supply chain. Our emphasis on sustainability continues to be fundamental to our innovation and product development and is gaining broad support from our customers. This presentation will outline some of our recent and future developments.

Oberthur Fiduciaire: Highlink ™ - A Revolutionary way to strengthen banknote paper by going back to basics, Henri Rosset, R&D Manager, VHP Security Paper


VHP Security Paper is pleased to introduce Highlink™ which goes back to papermaking fundamentals in order to strengthen banknote paper, which, in itself, will help extend  the  life of the banknote and  therefore  its security features. Essentially, HighLink ™ is a way of mechanically changing the cotton fibre process in order to make them stronger at the point of stock preparation. The presentation will show what happens to  normal cotton fibres in the stock preparation process, and how they deteriorate over time, and  will demonstrate what difference the Highlink™ treatment process will bring to the fibres and how, therefore, note life is extended.

Orell Fussli Security Printing: One Design on Three Substrates, Dr. Michael Kasch, Managing Director


Modern banknotes have to meet various requirements, such as security, longevity, cash cycle automation, etc.

Based on a unique design idea, the upcoming challenge is to create the perfect overall concept. From a banknote printer's point of view, the design requirements and integration performance required will be presented in order to optimally illustrate both on all substrates available on the market.

The value to the discussion is the unique „best practice sharing“ from the design, integration and printing exercise of our anniversary note. (One Design adapted to cotton, Durasafe and Guardian) Unfortunately, we are not in the position by today to come up with a name fort he presenter Please allow to state as today OFS representative.

PWPW: Making the most effective choice of banknote substrate: “Polish Bison” case study

Synopsis: Coming soon

Spectra Systems: Machine Readable Polymer Substrates; Nabil M. Lawandy, CEO


The banknote industry has long touted the security of paper over polymer because paper substrates are capable of being impregnated with sophisticated taggants, whose evolution has tracked discoveries in materials science leading to novel optical and magnetic effects. This argument has limited the wider adoption of polymer substrates. This presentation will discuss the challenges of incorporating covert Level III taggants into polymer substrates and the potential advantages of combining machine readable polymer substrates with conventionally printed machine readable features with the aim of producing banknotes with the highest level of security as well as the longest circulation lifetime.